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Thursday, December 16, 2010

Scomi awarded US$158m monorail project (Edge)

Malaysia’s Scomi Engineering says its subsidiary Scomi Rail received letter of acceptance from Syarikat Prasarana Negara on Dec 15 for Kuala Lumpur monorail fleet expansion project worth RM494 million.

The duration of the project is for a period of 31 months.

The project was not expected to have any material effect on the company’s results for the current fiscal year. -- Reuters

Read more: Scomi awarded US$158m monorail project http://www.btimes.com.my/Current_News/BTIMES/articles/20101216190305/Article/#ixzz18HV3s5Xh

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